The peer, writing
in The Times, says that the economic gains from a British exit
“would substantially outweigh the costs”. The EU had become “a bureaucratic
monstrosity” from which the UK should break free. After an association with
Brussels of 40 years, he said: “The case for exit is clear.”

Lord Lawson’s intervention will electrify a Tory party reeling from last
week’s surge from the Eurosceptic UKIP and is likely to change the dynamic
of the party’s inner wranglings over the EU.